What represents the share of participation in business organizations?
AFranchise
BPartnership
CStock
DCorporation
ESAS · Question Bank
Engineering Economics
208 of 208 questions match · page 6 of 11. Answer in your head first, then check the solution.
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______
Ayield
Beconomic return
Cearning value
Dgain
________ is the element of value which a business has earned through the favorable consideration and patronage of its customers arising from its well known and well conducted policies and operations
AStatus of company
BBig income
CKnown owners
DGoodwill
Which of the ff is an example of an intangible asset?
ACash
BInvestment in subsidiary companies
CFurnitures
DPatents
Lands. buildings, plants and machineries are examples of what type of asset?
ACurrent asset
BTrade investment asset
CFixed asset
DIntangible asset
What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment?
AEconomic return
BYield
CRate of return
DReturn of investment
What is another term for "current assets"?
AFixed assets
BNon-liquid assets
CLiquid assets
DCash
What is an accounting term that represents an inventory account adjustment?
ACost of goods sold
BCost accounting
CStandard cost
DOverhead cost
What is the change in cost per unit variable change called?
Avariable cost
Bincremental cost
Cfixed cost
Dsupplemental cost
What is used to record historical financial transactions?
ABookkeeping system
BLedger system
CBalance check
DGeneral journal system
What is a secondary book of accounts, the information of which is obtained from the journal called?
Abalanced sheet
Bledger
Cworksheet
Dtrial balance
The original record of a business transaction is recorded in this book.
AWork book
BJournal
CLedger
DAccount book
All the proceeds which are received by the business as a result of the sale of goods is called ________
Anet income
Bgross income
Cnet revenue
Dtotal sales
All are classified under direct labor expenses EXCEPT one. Which one?
AInspection cost
BTesting cost
CAssembly cost
DSupervision cost
What is a measure of the average speed with which accounts receivable are collected?
ACurrent ratio
BQuick ratio
CAcid test ratio
DReceivable turnover
The ratio of the net income before taxes to net sales is called ________
ACurrent ratio
BInventory turnover
CProfit margin ratio
DPrice-earning ratio
What do you call a one-time credit against taxes?
ADue credit
BTax credit
CCredible credit
DRevenue credit
What is used when quick estimate of the doubling time for the invested money is needed?
ARule of 48
BRule of 36
CRule of 24
DRule of 72
What is the increase in the money value of a capital asset called?
AProfit
BCapital gain
CCapital expenditure
DCapital stck
What is the reduction in the money value of a capital asset called?
ACapital expenditure
BCapital loss
CLoss
DDeficit